Columbia Banking System Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	2,458	2,320	2,114	1,050	890.52
Interest Income on Investments	458	434.88	425.71	97.76	71.53
Total Interest Income	2,916	2,755	2,539	1,148	962.04
Interest Paid on Deposits	747	802.81	461.65	48.2	27.15
Interest Paid on Borrowings	166	234.03	284.5	29.81	15.25
Total Interest Expense	913	1,037	746.16	78	42.4
Net Interest Income	2,003	1,718	1,793	1,070	919.65
Net Interest Income Growth (YoY)	16.56%	-4.17%	67.58%	16.35%	4.21%
Mortgage Banking Activities	31	24.11	16.79	106.86	186.81
Gain (Loss) on Sale of Investments	6	-0.37	2.31	-7.1	-1.5
Other Non-Interest Income	107	61.47	59.62	7.34	77.1
Total Non-Interest Income	298	210.97	203.93	199.53	356.32
Non-Interest Income Growth (YoY)	41.25%	3.45%	2.21%	-44.00%	-13.52%
Revenues Before Loan Losses	2,301	1,929	1,997	1,270	1,276
Provision for Loan Losses	150	105.92	213.2	84.02	-42.65
Revenue	2,151	1,823	1,784	1,186	1,319
Revenue Growth (YoY)	17.96%	2.22%	50.47%	-10.09%	21.01%
Salaries and Employee Benefits	672	568.4	598.03	431.47	469.91
Occupancy Expenses	216	151.27	148.9	110.13	109.85
Federal Deposit Insurance	28	41.58	71.4	13.96	9.24
Amortization of Goodwill & Intangibles	127	119.43	111.3	4.09	4.52
Selling, General & Administrative	-	134.05	137.95	106.37	106.35
Other Non-Interest Expense	177	66.25	73.47	51.57	45.4
Total Non-Interest Expense	1,220	1,081	1,141	717.59	745.27
EBT Excluding Unusual Items	931	742.46	642.86	467.93	573.34
Legal Settlements	-55	-	-	-	-
Pretax Income	728	718.75	471.2	450.58	558.16
Income Tax Expense	178	185.08	122.48	113.83	137.86
Net Income	550	533.68	348.72	336.75	420.3
Net Income to Common	550	533.68	348.72	336.75	420.3
Net Income Growth	3.06%	53.04%	3.55%	-19.88%	-
Basic Shares Outstanding	238	208	195	129	130
Diluted Shares Outstanding	239	209	196	130	131
Shares Change (YoY)	14.23%	6.88%	50.98%	-0.99%	-0.13%
EPS (Basic)	2.31	2.56	1.79	2.60	3.22
EPS (Diluted)	2.30	2.55	1.78	2.60	3.21
EPS Growth	-9.80%	43.26%	-31.54%	-19.00%	-
Dividend Per Share	-	1.440	1.440	1.410	1.410
Dividend Growth	-	-	2.14%	-	-
Effective Tax Rate	24.45%	25.75%	25.99%	25.26%	24.70%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.